The Indian Council of Philosophical Research (ICPR) set up by the Ministry of Education, Government of India, was registered as a society in March 1977 under the Societies Act, 1860, but it actually started functioning in July 1981 under the Chairmanship of Professor D.P. Chattopadhyaya. The Council has a broad-based membership comprising distinguished philosophers, Social scientists, representatives of the University Grants Commission, Indian Council of Social Science Research, Indian Council of Historical Research, Indian National Science Academy, the Central Government and the Government of Uttar Pradesh. The Governing Body (GB) and the Research Project Committee (RPC) are the main authorities of the Council. These bodies are vested with well-defined powers and functions. The Governing Body which consists of Chairman, Member-Secretary, not less than three or more than eight members appointed by the Council, a representative each of the Ministry of Human Resource Development and Ministry of Finance and two nominees of the Government of Uttar Pradesh, administers, directs and controls the affairs of the Council. The Research Project Committee, which includes the Chairman, not less than five or more than nine members appointed by the Council and the Member-Secretary, scrutinizes and sanctions grants-in-aid for the projects and other proposals received or planned by the Council. The Finance Committee scrutinizes the budget estimates and other proposals involving expenditure.